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#TBC# Introduction to TBC (Turing Bit Chain)


1. Economic Model: A total issuance of 2.1 billion coins, of which 93.3% is permanently locked. The remaining 6.7% (142 million) is produced through mining, requiring 100 years to mine completely, with a daily output of 42,500 coins. Currently, the market circulation is around 17.5 million, while the actual circulation is only about 12 million coins. The mining mechanism is the same as Bit, halving every 4 years, with a total circulation of about 65 million coins by 2028, never to be increased.
2. Technical Features: TBC is the world's first public blockchain to implement Turing-complete smart contracts based on the Bitcoin UTXO model.
1. Technical Highlights: Ultra-high performance, theoretical TPS (transactions per second) exceeds 13000+, which is 1800 times that of native Bit.
2. Ultra-low fees: The cost of a single transaction fluctuates around $0.0002, which is only one ten-thousandth of the Ethereum fee level, and the transaction cost is never inflated.
3. Ultra-fast speed: On-chain transaction confirmation with zero delay, achieving second-level confirmation, meeting the needs of high-frequency payment scenarios.
4. Economic Value: TBC's current market value is less than one ten-thousandth of Bitcoin, with unlimited potential for future value growth.
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